Massachusetts Medical Cannabis Business & Marijuana Legal News

Tilt changes cannabis ‘management and loan’ practices in Massachusetts

Tilt Holdings, a Massachusetts-based marijuana company being investigated for allegedly trying to control more than the state-allowed three cannabis stores, has backed off the practices that got it into trouble with authorities. The Cannabis Control Commission noted in an investigative report that Tilt “has agreed with regulators to scrap the management and loan contracts it had […]

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Cannabis giant Curaleaf ‘upsizes’ debt offering to $300 million

Curaleaf Holdings, a multistate marijuana operator based in Massachusetts, said Wednesday it closed a debt offering after increasing its size to $300 million from $275 million. When the initial deal was announced last month, it was believed to be the largest amount of debt raised in the U.S. marijuana industry. The notes on the debt, raised […]

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Massachusetts vaping death linked to marijuana

A man in his 70s who had reported vaping THC died from a vaping-related illness. The unidentified man is the fourth person in the state whose death has been linked to vaping, The Boston Globe reported. Many of the confirmed and probable vaping illness cases in Massachusetts have involved vaping THC in some form. As […]

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Top Massachusetts court doesn’t rule on cannabis vape ban

The Supreme Judicial Court in Massachusetts declined to consider whether Republican Gov. Charlie Baker’s administration overstepped its executive powers in temporarily banning the sale of nicotine and marijuana vaporizers, The Boston Globe reported. The products are now back on store shelves in the state. For more of Marijuana Business Daily’s ongoing coverage of the vaping crisis, click here.

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Massachusetts recreational marijuana sales top $420 million in first year

Adult-use marijuana stores in Massachusetts had more than $420 million in sales in the first full year of legalization, according to the state’s Cannabis Control Commission. December sales, even before Christmas, hit $10.7 million. The data will be updated in January to show the entire 2019 calendar year. – Associated Press

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Week in Review: Aurora Cannabis execs depart, Curaleaf raises $275M in debt, IL readies for adult-use MJ sales & more

Aurora Cannabis loses two of its most important executives at a crucial time as the company continues to struggle, Curaleaf secures $275 million in debt from a group of lenders, Illinois recreational marijuana retailers get ready for large customer turnout and high demand for New Year’s Day launch – and more of the week’s top MJ business news. […]

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Lead found in some marijuana vape products in Massachusetts

Massachusetts regulators found “impermissible levels of lead” in 13 of more than 100 marijuana vape products that were tested. The state’s Cannabis Control Commission tested 109 vape products, mostly to see if they contained vitamin E acetate, an additive linked to the lung illnesses associated with vaping. While none of them contained vitamin E, a […]

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Marijuana tech

Consumers shopping at cannabis stores in California are being encouraged by a state agency to use their smartphone cameras to scan a quick response (QR) code to confirm the retailers are licensed.

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Multistate marijuana firm Curaleaf raises $275 million in debt

Curaleaf, a Massachusetts-based multistate marijuana operator, secured $275 million in debt from a syndicate of lenders. It’s believed to be the largest amount of debt ever raised in the U.S. marijuana industry. The company plans to use the money to refinance existing debt, fund previously announced acquisition expenses and capital expenditures and for general corporate […]

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Vaping regulations

Two Massachusetts agencies agreed to share information with each other to determine if six probable cases of vaping-related lung illnesses are linked to state-licensed marijuana retailers.

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